Fees | The Credit Union

Service Fees.

All fees are subject to change without notice

	Savings Accounts

	Deposits	Free
	Payroll deposit	Free
	Self-serve transfers between credit union accounts	Free
	Automatic transfers between credit union accounts for your regular savings program	Free
	Transfers initiated by member (through phone and internet banking)	Free
	Corporate cheque withdrawals	$5.00
	Account overdrawn (per month)	$2.50
	Quarterly Statement	Free

	High Interest


	Each eligible transaction*	$2.50
	Interac ATM withdrawals	$2.50
	Cirrus/THE EXCHANGE® Network ATM withdrawals within United States	$2.50

	Daily Interest


	2 eligible transactions each month*	Free
	Each eligible transaction after 2 free each month*	$0.75
	*Eligible transactions: cash withdrawals, The Credit Union and THE EXCHANGE® Network ATM withdrawals (excluding Interac, Cirrus and THE EXCHANGE® Network ATMs outside Canada) and debit card purchases

	Chequing Accounts

	Chequing Packages


	Eligible transactions: cash withdrawals, cheques, The Credit Union and THE EXCHANGE® Network ATM withdrawals (excluding Interac, Cirrus and THE EXCHANGE® Network ATMs outside Canada), pre-authorized debits, debit card purchases, phone & internet standard bill payments

	Direct Deposit Packages


	Up to Ten (0 - 10 transactions)	$2.95
	With minimum balance of $1,500	Free
	Twenty to Go (11 - 20 transactions)	$3.95
	With minimum balance of $2,000	Free
	Take Thirty-Five (21 - 35 transactions)	$4.95
	With minimum balance of $2,500	Free
	Unlimited Power (unlimited transactions)	$11.95
	With minimum balance of $3,000	Free

	Non-Direct Deposit Packages


	Up to Ten (0 - 10 transactions)	$3.95
	With minimum balance of $2,000	Free
	Twenty to Go (11 - 20 transactions)	$4.95
	With minimum balance of $2,500	Free
	Take Thirty-Five (21 - 35 transactions)	$5.95
	With minimum balance of $3,000	Free
	Unlimited Power (unlimited transactions)	$13.95
	With minimum balance of $3,500	Free
	Monthly Statement	Free
	Note: Per transaction fee after the package limit is exceeded	$0.45

	Other Chequing and / or Savings Account Service Fees

	Deposits of foreign currency (excluding US)	$2.00
	Transfers initiated by credit union	$4.50
	NSF cheques and pre-authorized debits	$30.00
	NSF cheques and pre-authorized debits covered and processed	$30.00
	Each counter cheque (after starter kit)	$4.00
	Cheque certified by member	$4.50
	Cheque certified by non-member	$15.00
	Stop Payments:
	Pre-authorized (PAD) debit - complete details (max. of 6 months)	$7.00
	Pre-authorized (PAD) debit - partial details (max. of 6 months)	$15.00
	Cheque - complete details	$7.00
	Cheque - partial details	$15.00
	Paid cheque search - up to 90 days per item	$5.00
	Paid cheque search - 91 days or more per item	$15.00
	Personalized cheques and wallet	AT COST
	Overdraft usage (per month)	$2.50
	Cheque sent on collection	AT COST
	Incoming collection item	$30.00
	Incorrect / Un-encoded pre-authorized credits	$5.00

	Bill Payment

	By Phone


	Bill payment - one time set up fee	$2.50
	Standard bill payment - Local number	$0.50
	Standard bill payment service - Toll-free number	$0.70

	By The Credit Union Online


	Standard bill payment	$0.50
	Funds transferred to another financial institution account	$0.50
	Rejected funds transfer from another financial institution	$5.00
	Customer specific bill payment - with financial institution information	$0.50
	Customer specific bill payment - without financial institution information	$1.25
	Rejected bill payment information	$10.00
	Bill payment reversal and/or change of payee, after processing	$15.00

	ATM/Debit Card

	By Phone


	Deposit and withdrawals at The Credit Union and THE EXCHANGE® Network ATMs – see chequing packages and savings account fees
	Other ATMs:
	Interac ATMs - Each withdrawal or balance inquiry (exception - see High Interest Savings)	$1.25
	At Cirrus/ THE EXCHANGE® ATMs - Within United States (exception - see High Interest Savings)	$2.00
	At Cirrus ATMs - Outside North America including Mexico	up to $5.00
	Re-issue member card (ATM/debit card)	$5.00
	Debit card purchases – see chequing packages and savings account fees
	ATM transaction lookup (per item)	$5.00

	Registered Plans

	RRSP/RRIF/TFSA setup	Free
	First RRSP/RRIF withdrawal each year (after 180 days on deposit)	Free
	Minimum payment withdrawal for RRIF	Free
	RRSP/RRIF/TFSA transfers to Worldsource Financial Management Inc.	Free
	Second and subsequent RRSP/RRIF withdrawals each year	$50.00
	RRSP/RRIF/TFSA transfers to other financial institutions	$50.00
	Each RRSP/RRIF withdrawal, closure within 180 days of deposit	$50.00

	Mutual Funds & Self Directed Fees

	Please refer to your Personal Account Manager / Branch Manager

	Personal Loan

	Application and administration fees	Free
	Chattel registrations (includes discharge & search)	$75.00
	Returned loan payments due to non-sufficient funds (NSF)	$15.00
	Delinquent more than 45 days (charged monthly)	$10.00

	Mortgages

	Application fee (refundable upon disbursement of funds)	$100.00
	Renewal	Free
	Discharge registration and administration fees	up to $375.00
	Appraisal and legal fees	AT COST
	Returned mortgage payment due to non-sufficient funds (NSF)	$15.00
	Instant funding fee	$420.00
	Instant funding fee with one mortgage discharge	$490.00
	Delinquent more than 45 days (charged monthly)	$10.00
	Property search	$35.00

	Miscellaneous Services

	Third party item returned unpaid	$5.00
	Member	$30.00
	Counter statement	$2.00
	Duplicate statement - current year	$2.00
	Duplicate statement - more than one year (per year)	$15.00
	Post dated deposits or loan payments (per cheque)	$2.00
	Traveler	1%
	Dormant Accounts:
	One to four years (per year)	$20.00
	Five to nine years (per year)	$25.00
	Ten years or more (per year)	$35.00
	Safety Deposit Boxes - two sizes:
	Small	$33.90
	Large	$50.85
	Safety Deposit Box - drilling/ replacement keys	AT COST
	Letter of confirmation of balance or loan interest	$10.00
	Membership closed within 90 days of opening	$15.00
	Savings/chequing account transferred to another financial institution	$25.00
	Non-Canadian item cleared on account	$15.00